5149.KLSE TAS Offshore Bhd

Industrials Aerospace & Defense Kuala Lumpur Exchange
0.3250 MYR
Close of Oct 29, 2026
0.3250 0.6140
Market cap
MYR 58.1M
P/E
2.5x
P/B
0.52x
ROE
17.4%
Dividend yield
12.31%
Fundamental score
3.9/5

Ratios use the latest price and the fiscal year ending May 2026.

Is 5149.KLSE undervalued?

Graham number

The Graham number of TAS Offshore Bhd cannot be estimated reliably (the estimate is too far from the market price).

Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?

TAS Offshore Bhd fundamental analysis

19 of 22 checks passed

ROE 1/2

Moderate return on equity (17.4%), between 10% and 20%.

ROA 1/1

Return on assets (12.7%) is above the industry median (2.7%).

Profit Consistency 1/2

Profitable for 4 consecutive years.

Earnings Growth 5Y 1/1

Earnings per share grew over the past 5 years.

Earnings Acceleration 0/1

Last year's EPS growth (32.9%) is not above the 5-year average (65.5% a year).

Earnings Growth vs Industry 1/1

Last year's EPS growth (32.9%) is above the industry median (18.3%).

Revenue Growth 2/2

Revenue grew 63.5% a year over the past 3 years.

Short-term Liquidity 1/1

Current assets cover short-term liabilities.

Long-term Liabilities 1/1

Current assets cover long-term liabilities.

Debt to Equity 2/2

Low debt to equity (4.7%), 40% or less.

Debt Trend 1/1

Debt to equity has not risen over the past 5 years.

Debt Coverage 1/1

Operating cash flow covers 20% of total debt.

Interest Coverage 1/1

EBIT is 95.9x against interest expense, well covered.

PE vs Market 1/1

PE (2.5x) is below the market median (11.4x).

PE vs Industry 1/1

PE (2.5x) is below the industry median (22.1x).

PBV 1/1

Price to book (0.5x) is below the industry median (2.6x).

Graham Number 1/1

The price is below the Graham number (PE x PB = 1.3, limit 22.5).

PEG 1/1

PEG on 5-year earnings growth is 0.04, growth is cheap.

Dividend Yield 2/2

Dividend yield (12.3%) is in the top 25% of dividend payers in the market.

Dividend Stability 0/2

Dividends were not paid steadily for the past 5 years.

Dividend Growth 0/1

Dividends paid did not grow over the past 5 years.

Payout Ratio 1/1

Payout ratio is 30.6%, covered by earnings.

Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score

About TAS Offshore Bhd

TAS Offshore Berhad, together with its subsidiaries, engages in the ship building and repairing businesses in Malaysia, Indonesia, and Singapore. The company offers hull and superstructure construction; propulsion and power system installation; machinery and equipment installation; communication, navigation, and surveillance systems installation; interior fit-out; painting; and vessel testing and commissioning. It also constructs a range of vessels, such as anchor handling t…

Full company profile